Now, it takes time--at least a few years--to get your score back up to a decent number. In the meantime, you can apply for cards targeted at those with fair credit (if your score has inched up above 650) or for consumers with bad credit. If your score is still in the bad credit category, take a look at secured cards. it's entirely possible that when you apply for a secured card, you might be told you qualify for an unsecured credit card.
The most important thing to remember is that you should pay off your balance every month and make the payments on time. No exceptions! Be patient, and in time, you'll find your credit score is back where you need it to be.
- My credit score is 743. Every time I apply for a credit card I'm denied. I'm told I have too many balances on cards. I have two credit cards only totaling less than $2,000. I'm not sure what the problem is. I own a home, I make $85,000 on my own and I also have income coming in from my husband. What am I to do? Good credit, almost no credit cards, and I'm never late with anything. Any suggestions?
- If I just filed for bankruptcy at the beginning of the year, when can I get another credit card to start building back my credit?
- I am looking to establish good credit so I can buy a home for my family. What kind of credit card should I start out with?